Archive for May, 2010

Friday Figures for 5/28/2010

May 28, 2010

Thank Goodness It’s Friday Figures! All information from the GLVAR MLS system. It’s everything you really need to know before touring, listing, or making a purchase offer on a home this weekend! Summary: Available units rose slightly to 10739; will they trend back towards 10k, or drift upwards past 11k as the home buyer tax [...]

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600 Jobs Created

May 25, 2010

The good news is that a major national employer is adding 600 jobs in the Las Vegas Valley. The bad news is that the major employer is McDonald’s. Just a reminder, McDonald’s doesn’t hire on a whim. They only hire when they need people. That means they have faith that our local economy is turning [...]

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Posted in Vegas Economy 1 Comment »

Friday Figures for 5/21/2010

May 21, 2010

Thank you for reading Friday Figures! All information from the GLVAR MLS system. Read this before touring, listing, or making a purchase offer on a home this weekend! Summary: Available units are steady at 10400, pretty much where it has been for weeks. Inventory is up in every category. To think that last year we [...]

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Be Careful with HAMP Modifications!

May 18, 2010

Lately there has been a lot of press about the number of people whose HAMP permanent modifications have been turned down for a variety of reasons. Some of those reasons have been good and some have been downright silly. But far more important are some of the other problems HAMP might get a homeowner into. [...]

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Posted in Mortgage and Financing Comments Off

Friday Figures for 5/14/2010

May 14, 2010

Once again it’s time for Friday Figures! All information from the GLVAR MLS system. Touring, making an offer, or listing a home in the Las Vegas Valley this weekend? Read this first! Summary: We knew it couldn’t last, available listings have crept back over 10,000. There was an increase in both traditional and distressed sellers, [...]

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Posted in Las Vegas Real Estate 3 Comments »

In Defense of Bad Listing Pictures

May 13, 2010

Take a look through books, blogs, and magazines oriented towards Realtors and before long you will find something on pictures for listings. Usually it runs towards tips and tricks for taking really great pictures of listings to show a home in its best possible light. Sometimes it’s merely advice (or ads) to let a professional [...]

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Posted in Distressed Property, General Real Estate, Las Vegas Condominiums, Realtors 1 Comment »

Friday Figures for 5/7/2010

May 7, 2010

Welcome to Friday Figures! All information from the GLVAR MLS system. Here’s the real deal that you and your Realtor need to know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend. Summary: We have officially broken through the support level at 10,000 listings; there are only 9896 [...]

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Posted in Las Vegas Real Estate, Las Vegas Rental and Apartments 2 Comments »

Chef!

May 6, 2010

Many congratulations to the 5 Las Vegas chefs (and the restaurants they work in) who earned James Beard Awards: Best Chef: Southwest went to Claude Le Tohic of Joël Robuchon at the MGM Grand. If you haven’t yet experienced the playful and artistic dishes he crafts nightly, consider this a reminder to put the “Chef [...]

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Posted in Vegas Dining Comments Off

April Luxury Housing Report

May 1, 2010

Entry Level Luxury Available Properties: In the $500,000 to $1,000,000 price range, there were 559 available properties, none in Auction status. Median price was $695,000 (unchanged); median size was 3646 square feet, and median time on market was 163 days (down). A total of 71 are noted as short sales, 22 are bank-owned, and 460 [...]

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